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$20 Billion Raised in One Day For Afghanistan

Global donors pledged $20 billion in aid to Afghanistan today. In Paris, 80 countries met to discuss the current crises facing the rebuilding nation. They demanded that Afghanistan do its part to end corruption and address rising levels of criminal violence and opium harvests. In addition to the fresh dose of $20 billion, Afghanistan has received $15 billion since 2001.

Hoping to stimulate otherwise stunted progress, the donors will attempt to coordinate their aid efforts, while putting pressure on Afghan President Hamid Karzai to raise living standards and make Afghanistan's government self-sufficient. Many Afghanis live without proper sanitation and 80 percent have no electricity. The $1.6 billion spent on technical assistance has not been successful in helping Afghanistan stand on its own.

In Paris today, Afghanistan, whose domestic revenues are about $1 billion, reminded wealthy countries how much it needs them. Are you happy to see that the world hasn't forgotten about Afghanistan? Will money solve the country's problems?

We are the world... literally.

See that guy? He's good for at least $600 million.

We're rich!

French President Nicolas Sarkozy  chats with Afghan President Hamid Karzai.

Laura Bush announced the US pledge of $10.2 billion.


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